Growing Trend for Innovation Propelling the North American Meat Snacks Market

Published: Oct 2020

The North American meat snacks market is anticipated to showcase a moderate CAGR of 3.5% during the forecast period (2020-2026). The key factors that drive the growth of the meat snacks market include the increasing focus of meat snack manufacturers towards innovations. The easily portable packaged snacks make it a convenient option for consumers requiring healthy meat snacks for on-the-go. The rapid growth of the e-commerce sector is again anticipated to drive the growth of the meat snack market across the region owing to its ease of accessibility. As of December 2017, the US had 154,958 stores which generate a revenue of about $550 billion in total sales. 

Browse the full report description of "North American Meat Snacks Market Size, Share & Trends Analysis Report by Product (Jerky, Sticks, Sausages, Others) by Distribution Channel (Convenience Stores, Supermarket/Hypermarket, Online Store, Others) Forecast period (2020-2026)" at https://www.omrglobal.com/industry-reports/north-american-meat-snacks-market

Thus, the increase in the retail sales of the foods is likely to create a scope for market growth in the near future. As per the International Trade Administration (ITA), the US has well-established distribution channels for all types of retail companies. The retail services industry provides an openly competitive environment that fosters strong business operations and spurs innovations that increase efficiency and reliability. As the customers are demanding quick delivery, big tech companies like Amazon and Google are even starting to offer same-day delivery to meet the ever-rising customer expectations. Thus, easy availability, affordability, and willingness to buy are driving the North American meat snack market. 

Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Product Type, Distribution Channel
  • Competitive Landscape- PepsiCo, Inc., The Hersey Co., Conagra Brands Inc., Hormel Foods Corp., Jack Link's LLC, Thanasi Foods, Beyond Meat

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

North American Meat Snacks Market Report Segment

By Product Type 

  • Jerky
  • Sticks
  • Sausages
  • Others 

By Distribution Channel 

  • Convenience Stores
  • Supermarket/Hypermarket
  • Online Store

North American Meat Snacks Market Report Segment by Region

  • US
  • Canada
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